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Profits Are Not Random. They're How Entrepreneurs Help Allocate Resources Efficiently.

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Frank Shostak

Published : August 16th, 2022

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Category : Editorials


	The efficient market hypothesis, which is popular in neoclassical economics circles, holds that markets are so "efficient" that entrepreneurial profits are generated randomly. Original Article: "Profits Are Not Random. They're How Entrepreneurs Help Allocate Resources Efficiently." This Audio Mises Wire is generously sponsored by Christopher Condon.

Source : mises.org

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Frank Shostak 13 abonnés

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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

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